Virtus Convertible & Income Fund
NCV
50 hedge funds and large institutions have $92.2M invested in Virtus Convertible & Income Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
5% more capital invested
Capital invested by funds: $88.2M → $92.2M (+$4M)
0.17% more ownership
Funds ownership: 2.63% → 2.8% (+0.17%)
0% more funds holding
Funds holding: 50 → 50 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.62M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$226K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$214K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
+$210K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.09M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
-$721K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$701K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$624K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$278K |
NCV Hedge Fund Activity: Q4 2014 in Review
50 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q4 2014, worth a combined $92.2M — up 4.5% from $88.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NCV positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.62M. The largest seller was Oxbow Advisors, cutting an estimated $1.09M.
- 50 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $92.2M of Virtus Convertible & Income Fund stock for Q4 2014, up 4.5% quarter-over-quarter.
- 6 funds opened new Virtus Convertible & Income Fund positions in Q4 2014 and 5 closed out, a net change of +1 holder.
- The largest Virtus Convertible & Income Fund buyer in Q4 2014 was Cohen & Steers, an estimated $1.62M added.
- The largest Virtus Convertible & Income Fund seller in Q4 2014 was Oxbow Advisors, an estimated $1.09M sold.
Based on aggregated 13F filings for Q4 2014.